REPORT: Facebook To Halt Share Trades On Secondary Markets This Week


Mark Zuckerberg

Facebook will impose a three-day halt on trading its shares on secondary markets tomorrow, Bloomberg reports.

The halt could mean that Facebook's IPO filing is coming very soon -- Facebook wouldn't want even the APPEARANCE that insiders are buying (or selling) on the news that it's about to go public.

Dan Primack of Fortune pointed out on Twitter that the halt could mean another big change is coming, like an executive shakeup or big acquisition.

What have you heard? Tips to mrosoff@businessinsider.com. Anonymity guaranteed.

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ESTATE OF THE DAY: Now You Can Buy A 30-Bedroom, Medieval Castle In Italy For $58 Million


italian castle $58 million

An historic castle in Italy's Piemonte Torino, built sometime between the 9th and 14th century, is on sale for $58 million.

The castle has 30 bedrooms and 47 full bathrooms, across nearly 40,000 square feet.

Inside, there is a Roman Chapel. Outside there are gardens that can accommodate 300 guests and even a helipad.

Famous families including the houses of King Arduino, of the Bishop of Ivrea, the Holy Roman Emperor Otto I and the Savoia have all lived in the castle.

The castle is in Piemonte Torino, Italy

As you can see, the old lookout posts on the castle are still in tact today

Here's an aerial view of the castle

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Gorgeous Homes In 5 American Cities With The Lowest Cost Of Living


This post originally appeared at Curbed.

2: Memphis, Tenn. With all the relatively small cities on this list, it was a bit of a shock to find Memphis, the legendary music town, at number two. According to CCER's numbers, the city has the lowest average cost of housing, but we've spotted a view listings around town that seem to hike the average up. There are parts of town where $1.7M doesn't even buy a completed house. Instead, it gets the buyer 14,000 unfinished square feet on 3.8 acres. 

211 F St SW, Ardmore, OK 73401

3: Ardmore, Okla. Texas appears three times in the top five cheapest, so this Oklahoma town, even if it's just to the north, is a welcome respite. Home to the cheapest average apartment rental, at $500 per month, Ardmore also has its fair share of large historic homes. This columned manse was built in 1932, spans 4,750 square feet, and has a renovated kitchen to complement the historic details. Listedfor $350K, the white house sits on 0.79 acres with a charming two-bedroom garage apartment.

Zillow

4: McAllen, Texas Like Harlingen, this city is also located on Texas' southern arm, close to the border with Mexico. Sugar, jeans, and wine are at their cheapest prices here, with the latter averaging $5 per bottle. With a nice wine buzz on, it's time to go house hunting. This gated estate costs a pretty penny by any city's standards,$1.75M, but includes six acres, a 5,900-square-foot mansion, and a vaguely Spanish style.

(undisclosed Address), Waco, TX 76701

5: Waco, Texas Infamous as the site of a showdown between an armed cult and allegedly overzealous government agents, Waco should, today, be better known as the place where parmesan cheese is the cheapest. The town is located halfway between Dallas and Austin and is the birthplace of Dr. Pepper soda. Historic homes are plentiful here, like this 1885 mansion built by one of the founders of the now wildly-successful soft drink. The 7,100-square-foot white manse has four beds, four baths, and some remarkably well preserved historic detail, and is available for$895K.

· America's Least Expensive Cities, 2012 [Yahoo!]
· 3209 Lazy Lake Dr [Zillow]
· 6401 River Tide Cv [Zillow]
· 211 F St SW [Zillow]
· 1201 E Yuma Ave [Zillow]
· Waco, Tx [Zillow]

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